OYO Hotels & Homes has announced hitting the 100 + hotels milestone in the United States, a major milestone for the young hotel start-up and a signal to how the business is maintaining its fast growth momentum.
Since formally announcing its presence in the U.S. market in June, OYO has established itself in more than 60 cities, almost quadrupling its previous portfolio. The company’s recent foray into Las Vegas, through the partnership with Highgate, to open the doors to its first 657 rooms flagship – OYO Hotel & Casino, has been a key milestone in its growth journey.
OYO Hotels & Homes committed $300 million as an initial investment in the U.S. – fueling its rapid growth across the country.
Currently, the new-age hospitality company is successfully opening one or more buildings per day, creating more than 4,000 jobs. With 112 OYO hotels live in July in more than 21 states and 60 cities, including Dallas, Houston, Los Angeles, Seattle, Atlanta and Miami, OYO Founder & CEO Ritesh Agarwal says OYO will continue to drive growth across the U.S. while delivering quality customer service.
“We are excited with our rapid growth and early success in the U.S., our newest home-market,” said Agarwal. “The U.S. is a key home-market of us given the huge potential. While we continue to transform buildings across the country, we want to stay true to our philosophy that everyone, every day should be #LivingTheGoodLife. We do this by offering good quality ‘value-chic’ accommodations, with great ratings at unique price points.”